Asked in Salary and Pay RatesUS Presidents
How much money does a US president earn?
September 18, 2016 10:17PM
The US president has earned $400,000 a year since 2001, along with a $150,000 expense account, a $100,000 nontaxable travel account and $19,000 for official entertaining and $10,000 per year in franking expenses (letters and postage). All of the President's salary and expenses are approved by Congress. And all of this - except the $100,000 per year in travel expenses per year and the $10,000 per year in franking expenses - is taxable income.
Obama's total is $569,000
- Salary - $400,000
- Expense Account - $50,000
- Travel Account - $100,000
- Entertainment Account - $19,000